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Canoo | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-YA II PN, Ltd.(9.99%),YA Global Investments II (U.S.), LP(9.99%), etc.

SEC announcement ·  Feb 13 19:07
Summary by Moomoo AI
On December 31, 2023, an amendment to Schedule 13G was filed with the SEC by various entities and individuals, indicating a significant stake in Canoo Inc. The entities, including YA II PN, Ltd., YA Global Investments II (U.S.), LP, Yorkville Advisors Global, LP, and others, reported shared voting and dispositive power over 123,617,485 shares of Canoo's common stock, representing 9.99% of the company. This stake is attributed to the rights to acquire additional shares within 60 days as per various agreements with Canoo, including Pre-Paid Advance Agreements and securities purchase agreements. The reporting entities are affiliated through a complex structure involving general partnerships and management roles, with Mark Angelo being identified as the decision-maker for investments. The filings emphasize that the shares were not acquired for the purpose of changing or influencing the control of Canoo Inc.
On December 31, 2023, an amendment to Schedule 13G was filed with the SEC by various entities and individuals, indicating a significant stake in Canoo Inc. The entities, including YA II PN, Ltd., YA Global Investments II (U.S.), LP, Yorkville Advisors Global, LP, and others, reported shared voting and dispositive power over 123,617,485 shares of Canoo's common stock, representing 9.99% of the company. This stake is attributed to the rights to acquire additional shares within 60 days as per various agreements with Canoo, including Pre-Paid Advance Agreements and securities purchase agreements. The reporting entities are affiliated through a complex structure involving general partnerships and management roles, with Mark Angelo being identified as the decision-maker for investments. The filings emphasize that the shares were not acquired for the purpose of changing or influencing the control of Canoo Inc.
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